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Question

Which of the following industries require the government's approval even after liberalisation?

A
Defence
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B
Banking
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C
Atomic energy
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D
Textile industry
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Solution

The correct option is C Atomic energy
In the post-liberalisation period, domestic private players as well as foreign players could do business without much governmental interference. Only 18 industries like defence, railways, and atomic energy required the government’s approval. As a result, the significance of the private sector increased.

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